Global Ethylene industry is expected to spend around US$45.1 bln by 2020 for the upcoming projects. Russia, US and China are the top three countries by capital expenditure for projects by 2020, as per Research and Markets. Global Ethylene capacity will experience considerable growth in the next five years with increase from 176.46 mln m tpa in 2015 to 217.19 mln m tpa by 2019.
Large capacity additions with more than 70 planned projects are expected to come online primarily in the US, Iran and China in the next five years. Rosneft Oil Company, Royal Dutch Shell Plc and China Petroleum & Chemical Corporation are the top three companies by capacity additions expected to come on-stream by 2019.
26-Feb-16 
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